How to Avoid Money Problems with Friends, Family & Co-workers

Today I have author Valerie Rind on the show and we’re going to talk all about how to avoid getting into difficult financial situations when it comes to friends and family.

Valerie has interviewed a ton of people who have actually gone through these types of problems in their lives, and is going to share with us how we can avoid some of these catastrophic financial issues that can creep up when we’re dealing with friends, family and co-workers.


Valerie is also giving away 2 digital copies of her book to Build Wealth Canada listeners where she shares these stories and lessons. Her books is called Gold Diggers and Deadbeat Dads, and to win just send me a question that you’d like answered on a future episode or a guest that you’d like to have on the show and you’ll automatically be entered for the prize. You can reach me directly at

Alright, now let’s get into the show.

Listen, Watch, or Download the Episode:

Links and Resources Covered:

Valerie’s Book: 

Gold Diggers and Deadbeat Dads: True Stories of Friends, Family, and Financial Ruin

Velerie’s Site:

If you enjoyed the episode, please take a moment to leave an honest review and rating on iTunes by clicking the “View in iTunes” button at this link.

If you have any tips, suggestions or comments, please be sure to leave a comment in the section below. I read all responses and look forward to hearing from you.

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I looking forward to hearing from you.



  • Russ

    Reply Reply September 8, 2015


    I think you bring on good guests who speak on important topics regarding personal finance. Your most recent conversation with Valerie Rind is no exception. I do have a couple of comments, however:

    1. To be frank, you talk too much. I hear the enthusiasm and engagement in your conversation with your guests, and I recognize that this is your project, but I think your podcast would be improved if you gave more room for your guest to speak by speaking a little less yourself. While I was listening, I thought there were times when she wanted to say more on the topic at hand but you seemed to almost talk over her in your enthusiasm for the subject.

    2. I admire your ability to bring people in from the US as well as Canada, because while there are some things that are specific to Canada regarding personal finance, a lot is applicable across international borders. However, I would encourage you to “translate” when a foreign personal finance expert makes reference to plans that are not available in Canada. Case in point, Valerie made reference to a 529 Plan. It would have been helpful if you had either asked her to explain what a 529 Plan is, or if you knew, to state briefly yourself that it is a tax-advantaged savings plan for post-secondary education, similar to Canada’s RESP.

    Having said all that, I appreciate every episode and hope you continue to bring in the good guests that you have.

    You say you are interested in suggestions for topics or guests. I gather I am at a different stage of life than you are so this may not be of the greatest area of personal interest for you, but I’m interested in any of the following:
    1. Investing in the 1-10 year period before retirement, particularly to minimize “sequence of returns” risk.
    2. Financial strategies for “decumulation,” i.e., in retirement.
    3. The challenges of investing in Canada if you are dual citizen (esp. for those with US citizenship).

    As for a guest, I know you’ve had John Roberts, author of The Value of Simple. He’s done at least one presentation in the Toronto Public Library system with Sandi Martin of Spring Personal Finance, a fee-only financial planner based in Gravenhurst, ON, who serves her clients largely via telephone and/or online. I might suggest that you see whether she is available for an interview. She has quite a presence on social media and in addition to her expertise in financial planning is able to provide some cogent critiques of the practices of the big banks that could be helpful to your listeners.

    Thanks for the podcast.



    • By Kornel Szrejber

      Reply Reply September 14, 2015

      Hi Russ.

      Thank you so much for your constructive feedback and suggestions. I really do appreciate it. I’ll especially try to be more mindful about not getting too excited and potentially talking over the guests or interrupting them. Thank you so much for that piece of advice.

      Also, thank you for submitting the questions. I’ve gotten a few similar ones like this already so there really does seem to be a need for this kind of information.

      To address your questions, in the near future I’m going to start interviewing financial planners (especially fee-for-service ones). I definitely know about Sandi and will without a doubt get in touch with her to see if she’d like to be on the show. I heard great things about her from John and it would be a pleasure to have her on.

      Thank you again for your feedback and encouragement Russ. I really do appreciate it (especially in these beginning stages where there is so much room to improve and grow).

      By the way, I’ve selected you as one of the winners for Valerie’s book. I’ll get in touch with you directly via email.


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